#AbuDhabiStablecoin Abu Dhabi is making strides in the digital finance world with the launch of a dirham-
backed stablecoin 1
2
3 . This initiative
is a collaboration between major institutions like ADQ, International
Holding Company (IC), and First Abu Dhabi Bank (FAB) 1 2 3. The stablecoin will operate on the ADI blockchain, a technology developed locally by the ADI Foundation 1 2 3. It aims to provide a secure and scalable digital payment solution for citizens, businesses, and institutions